The destination address '12hig' is very interesting. It received 77,624 BTC until 2011-06-04 and then started to cash out all his BTC that were worth about 1,7 million USD beginning from 2011-06-05 until the end of the month. Exciting days for the Bitcoin community. The BTC price rose from the 2nd to 8th of June from 11 to 30 USD and then fell to 13 USD a few days later.http://bitcoincharts.com/charts/mtgoxUSD#rg1460zczsg2011-05-01zeg2011-08-01ztgSzm1g10zm2g25zv